Jeff Bezos made a bold bet in 2017. A sci-fi and robotics enthusiast, Bezos was convinced that consumers would have a robot in their home in the not-too-distant future. The Amazon founder and then-CEO told a group of the company’s top device executives to get to work on building one, and within a few years,…
Last month, Wall Street and investors celebrated the fourth anniversary of the current bull market. Both the benchmark S&P 500 (^GSPC +0.31%) and growth-fueled Nasdaq Composite (^IXIC +1.09%) have more than doubled from their 2022 bear market lows, while the iconic Dow Jones Industrial Average (^DJI -0.46%) has rallied as much as 90%. A confluence…
Quick Read Jim Cramer says the AI sell-off isn’t 2000 because NVIDIA’s 20% monthly drop hits lucrative companies that rose too high, while QQQ remains up 7% this year. Cramer warns debt is the real danger, saying CoreWeave and Nebius borrowed billions and “Not all of these companies are going to make it.” Cramer offers…
America’s artificial intelligence revolution was supposed to make the United States more powerful, strengthen its economy and help it stay ahead of China. Instead, the massive infrastructure powering that revolution has emerged as an unexpected political liability for Donald Trump, with angry voters turning against data centres and handing Democrats a powerful weapon in the…
You’ve probably been hearing a lot about data centers this week. Candidates in several races made regulating data centers a key part of their campaigns. Now, 40 ballot measures to slow or stop data centers have passed. And in an exit poll, when respondents were asked how important AI and data centers were in their…
Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Nvidia chief Jensen Huang is the center of a new controversy as the U.S. intelligence community believes that he had a romantic relationship with a suspected Chinese spy. According to the Financial Times, Alice Huang, sometimes referred to as Huang…
Alex Pearce was doing the morning rounds at his fruit and vegetable wholesale business in London on Monday last week when he noticed something odd. The defrost light on refrigeration unit 2 was on, and the panel reading was 150C. Unit 4 was the same. As he approached his biggest unit, its defrost light also…
Over the past few months, there’s been an explosion of AI in the modding scene. Whether it’s mashup mods on Twitter or full decompilation done by Claude, AI is everywhere in the mod community, and it could be killing the hobby. I got a chance to sit down with ME3Tweaks’ Mgamerz to talk about his…
Several newly elected Democrats and Senator Bernie Sanders have renewed calls for datacenter moratoriums in the days after the US midterm elections. The sweeping Democratic victory, which was buoyed in part by backlash to the tech industry, has added momentum to efforts to slow down the multi-trillion-dollar buildout of the controversial facilities. On the social…
Americans were unequivocal at the ballot box this week as they expressed disdain for tech billionaires and mistrust of artificial intelligence. With that backdrop, Anthropic is about to try to go public. The AI company is gearing up for a potentially historic IPO, likely targeting mid-November for its Nasdaq debut. CNBC reported on Friday that…